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Transcripts For CNNW CNN Newsroom 20120608



responsibility is the right approach to take for, i think, not only the united states but also for europe. okay. republicans are saying you re blaming the europeans for the failures of your own policies. the truth of the matter is that, as i said, we ve created 4.3 million jobs over the last 27 months. over 800,000 just this year alone. the private-sector is doing fine. where we re seeing weaknesses in our economy have to do with state and local government, oftentimes cuts initiated by, you know, governors or mayors who are not getting the kind of help they got in the past from federal government and don t have the same kind of flexibility as the federal government in dealing with fewer revenues coming in. and so, you know, if republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is how do we help state and the local governments and how do we help the construction industry because the reci ....

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